A&O’s Patrice Couturier advises on IDEX deal

The Paris office M&A team of Allen & Overy LLP has advised GE Energy Financial Services, a unit of General Electric, on its entry on the European water market trough the acquisition of IDEX Aquaservices from IDEX Groupe.

General Electric becomes the first American company to invest in France water market. Financial details of the transaction were not disclosed.

IDEX Aquaservices is a developer, owner and operator of facilities that purify water for the food, beverage and cosmetics industries. IDEX Groupe is one of France’s largest private energy and environmental services company.

The Allen & Overy Paris team was led by Nicolas Bichot (M&A Partner) and Rod Cork (Project Finance Partner), Anne-Laure Duvaud and Anne-Louise Varroquier (M&A Associates) with the assistance of Patrice Couturier (Tax Partner) on tax issues.

Patrice Couturier has been a French Tax Partner in the Paris office of Allen & Overy LLP since 2002. He joined the practice in 1999 as a senior associate after having spent more than twelve years advising on tax matters with accounting and law firms.